MIAMI—Investors are eyeing Palm Beach County for value-added opportunities. But what are the key areas of interest?
Globest.com caught up with Brad Capas, president of CapasGroup Realty Advisors, to get his thoughts on this question. You can still read his thoughts on why office developers are eyeing Palm Beach from an earlier interview.
"We continue to see value-add investing in the multifamily arena, both in traditional rental apartments as well as bulk unit acquisitions of fractured condominiums," Capas tells GlobeSt.com. "The typical value-add rental apartment scenario entails kitchen and bath upgrades in return for significant monthly rent increases."
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